Date: 2013-07-31

Shanghai Electric Group and SKF China Reached a Strategic Partnership

Recently, Shanghai Electric Group and SKF China reached a strategic partnership, president of Shanghai Electric Huang Dinan attended the signing ceremony.

Since Shanghai Electric Group has entered into the international capital market in 2005, it developed EPC project to promote the international market. At the same time, its major industries basically supported by the joint ventures. Such as, electric power with Siemens, power transmission & distribution with Siemens,ABB and AREVA, elevator with Mitsubishi, nuclear power with KSB, rail transportation with Alstom, etc. The strategic cooperation between Shanghai Electric Group and SKF China is the international demand for Shanghai Electric Group and also the demand for further innovative supplying chain.

President Huang Dinan expressed his feelings about this cooperation on the ceremony.

Firstly, persisted the organizational promotion and market operation. Shanghai Electric International Economic & Trade Co., Ltd. as a procurement platform, together with SKF to design the practical program which is on the basis of the market operation and according to the economic rules.

Secondly, selected the qualified enterprises to test first, then gradually spread.

Thirdly, enhanced cooperation. We hope all the participants united to communicate, discuss, understand, and support together.

In the latest years, Shanghai Electric Group made a series of innovations in the management of supplying chain. The group promoted centralized online purchasing in 2005, the total purchasing reached 22 billion yuan in last year. From this year, the group made more focus on the casting & standard parts centralized online purchasing. The cooperation with SKF is also one of the part in innovative supplying chain management, which could standard the procurement practices, unify the procurement actions in Shanghai Electric Group; meanwhile the selling expenses in SKF could also decreasd.

This cooperation is the specific performance of actively praticing " going out" strategy in Shanghai Electric Group, on the other hand, it is also the strategic arrangement of participating in the global competition under the new economic pattern. In addition, it will become the positive example to expand overseas market in China equipment manufacturing industry.

Previous: Wuxi Luokai: Independent Innovation Gets Over Crisis
Next: WaFangDian Guangyang Bearing Group Co., Ltd Made Trainings about Basic Bearing Knowledge to the Administrative Workers

Hot Products:

Product Model	Inside Diameter	Outside Diameter	Thickness
2309K.TV.C3 bearing	45	100	36
1316K.M.C3 bearing	80	170	39

【TradeBearings News Statement】

1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
2.All news edited and translated by us are specially noted the source"TradeBearings".
3.For investors,please be cautious for all news.We don't bear any damage brought by late and inaccurate news.
4.If the news we published involves copyright of yours,just let us know.